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Giving from Your 401k or IRA Retirement Plan



You've worked hard and planned for retirement. Now, with a little creativity, you can leverage your retirement assets to benefit you and your family, reduce federal taxes, and support Drexel far into the future.

How It Works

  • Name Drexel University as a beneficiary of your IRA, 401(k), or other qualified retirement plan.
  • Pass the balance of your retirement assets to Drexel by contacting your plan administrator.
  • Important! Tell Drexel about your gift. Your plan administrator is not obligated to notify us, so if you don't tell us, we may not know.

Benefits

  • Continue to take regular lifetime withdrawals.
  • Maintain flexibility to change beneficiaries if your family's needs change during your lifetime.
  • Your heirs avoid the potential double taxation on the assets left in your retirement account.

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Contact Us

215.895.2612

Mail your gift to:

Drexel University
P.O. Box 8215
Philadelphia, PA 19101-9684

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